The Dow and the S&P 500 dipped into the red, while the Nasdaq just barely stayed in the green.
ADVERTISEMENT
STOCKS DO NOTHING: Here's what you need to know
Stocks closed little changed on Wednesday, during which we also saw the unveiling of the White House's new tax plan.
ADVERTISEMENT
First up, the scoreboard:
- Dow:
- S&P 500:
- Nasdaq:
- US 10-year yield:
- WTI Crude oil:
1. The Trump administration has rolled out a tax plan that proposed to slash corporate taxes, tweak personal tax rates, and eliminate most deductions used by wealthier Americans.
ADVERTISEMENT
2. But the plan is missing a number of important details. The plan does not note the income levels associated with each bracket.
ADDITIONALLY:
ADVERTISEMENT
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
Africa's gaming gold rush: Unveiling the surge in online gambling
Seven African countries added to Meta's AI service coverage
10 African countries with the lowest inflation rates in 2024
Davido launches his label Nine+ in partnership with UnitedMasters
Nigeria's economic ranking drops to fourth in Africa
Moscow inaugurates its House of Africa
The CBN justifies $2b billion loss in forex, dispelling Naira defense claims
10 best airports in Africa in 2024